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She can attempt to transfer the house into her name pursuant to the POA. However, Georgia, like all states is required to pursue a person's assets before they will pay for a person's skilled care nursing home costs. Medicaid has a 5 year look-back period on the transfer of assets which were done for less than fair market value. Therefore, before Medicaid will pay any nursing home care costs - the family will have to pay the fair market value of the assets towards his nursing home care costs before they will start paying such.
A "will" is not a POA - is she sure she does have a POA?
She does have POA, she got that done about 3 weeks ago. Instead of "Trasfer" of assets, can he sell the property to her?
Yes, certainly - but the transfer of assets for less than fair market value would still apply.
Thanks for the help.
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